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₹96,703 in 2015-16 to ₹2.71 lakh by 2022-23, targeting a 14.1% compound annual growth rate. However, a National Sample Survey report for 2018-19 showed farmer incomes averaging only ₹1.23 lakh, far from the target.

inflation rate has edged up and down over the last several months after dropping from its 2022 highs as global price pressures fade and the economy cools.Statistics Canada is set to release its January consumer price index report on Tuesday and forecasters expect Canada’s inflation rate fell. RBC, CIBC and TD all project the annual rate eased to 3.2 per cent, down from 3.4 per cent in December.Nathan Janzan, RBC’s assistant chief economist says the slowdown was likely driven by energy and food prices.“Gasoline prices were lower than a year ago in January and food price growth probably continued to slow on a year over-year-basis,” he said.“I think the attention will be more focused on the other components of CPI, just watching for signs that broader inflation pressures are continuing to slow, if only at a gradual pace.”As high borrowing costs cause consumers and businesses to pull back on spending, inflation is expected to slowly inch closer to the two per cent target by the end of the year.But unlike what’s typical when interest rates rise, the housing market won’t be helping the economy slow.

Rajnath Singh on Tuesday expressed his confidence in the National Democratic Alliance's (NDA) victory in the upcoming Lok Sabha elections in Uttar Pradesh and said, "UP se, 80 out of 80." He said this while speaking to reporters after inspecting the Lucknow Ring Road from the Sultan Road Side. During his interaction, he informed that the Lucknow Ring Road would be completed by February 28 and added that the inauguration of the 104-kilometer Lucknow Ring Road would be done in the first week of March.

Indian hotel industry is expected to report a 7-9 per cent revenue growth in FY2025 with occupancy likely to be at decadal highs, ratings agency ICRA said on Tuesday. Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (MICE), including weddings and business travel despite a temporary lull during the election period are likely to drive demand in FY2025, ICRA said in a statement. Spiritual tourism and tier-II cities are also expected to contribute meaningfully in FY2025, it added. ICRA said domestic tourism has been the prime demand driver in FY2024 and is likely to remain so in the near-term. Foreign Tourist Arrivals (FTA) are yet to recover to pre-Covid levels and the improvement would depend on the global macroeconomic environment.

S&P Global (SPGI) is close to reaching an agreement to acquire the research platform Visible Alpha, a deal that could push its valuation over $500 million, according to the Financial Times.

Investing.com — European stock markets traded in a mixed fashion Tuesday, as investors digested a bigger-than-expected cut in China’s benchmark lending rate amid persistent concerns of slowing growth, while Barclays soared after announcing a strategic overhaul. 

(Reuters) -Singapore Airlines Ltd (SIA) reported a 4.9% jump in its quarterly net profit on Tuesday, boosted by a strong air travel demand in key markets.

Investing.com -- U.S. stock futures inch lower on Tuesday, pointing to a negative opening for markets as investors return to their desks following the Presidents' Day holiday. Corporate earnings are set to be in the spotlight, with results due out from big-box retailers Walmart (NYSE:WMT) and Home Depot (NYSE:HD). Elsewhere, Capital One and Discover Financial agree to a merger worth more than $35 billion that would create a U.S. credit card titan.

(Corrects comment in second paragraph to say «no ill effects», and not «neural effects»)

Investing.com — Capital One Financial (NYSE:COF) has said it will acquire credit card company Discover Financial Services (NYSE:DFS) in an all-stock, $35 billion deal, marking one of this year's largest deals and Capital One's largest deal in its history.

Indian Premier League's 17th season may start from March 22, the chairman of the cash-rich cricket league, which has become a decacorn and is the richest cricket league in the world, said on Tuesday. «We are planning to start IPL 2024 from March 22,» PTI cited IPL Chairman Arun Dhumal. This is in line with previous media reports that IPL will commence on March 22, five days after the conclusion of Women's Premier League. Reports said IPL 2024 may run till May 26, leaving just five days for the Indian cricket team to prepare for the ICC T20 World Cup that starts from June 2 in the US and the Caribbean. India's first game in the T20 World Cup is scheduled on June 5 against Ireland.

«We need reservation which we deserve, give us reservation under OBC to those who's proof of being kunbi has been found and those who don't have proof of kunbi, for them pass a law of „Sage Soyare“,» Patil said minutes after the Bill was passed unanimously by the Legislative Assembly. He has called for a meeting of the Maratha community at 12 noon on Wednesday.

Kaspersky on Tuesday said 34 per cent of users in India were targeted by local threats in 2023, and that its products detected and blocked 74.3 million local incidents. These statistics represent the malicious programmes found directly on users' computers or removable media connected to them (flash drives, camera memory cards, phones, external hard drives) or that initially made their way onto the computer in non-open form (that is, programmes in complex installers or encrypted files). According to the latest report of Kaspersky, 34 per cent of users in India were targeted by local threats in the year 2023.

Also Read: Bank stocks to consolidate till margins start improving, says InCred Equities; recommends HDFC, ICICI Bank, SBI While, on the downside, the 20-day EMA (Exponential Moving Average) is likely to provide cushion in case of any immediate decline, which is currently placed at 21,784 level. The brokerage advises to look for stock-specific opportunities in Auto, Pharma, Banking, IT, and Oil & Gas space. Meanwhile, the Bank Nifty seems to have found stability around the 200-day EMA level after underperforming the frontline indices in recent months.

Pakistan's debt situation, describing it as a "raging fire" that has become unsustainable, as per a Bloomberg report. This assessment is more severe than that of the International Monetary Fund (IMF), which had previously deemed the country's dues as "borderline" manageable, according to a 68-page report by Tabadlab.

Waaree Renewable Technologies, the solar EPC arm of Waaree Group, saw its shares surge by 5% to ₹4,650 each in today's intraday trading. This increase followed the company securing a significant Letter of Award (LOA) for executing engineering, procurement, and construction (EPC) duties for a solar power plant of 980 MWp. The contract, valued at ₹990.60 crore, was granted by one of India’s leading renewable energy firms.

ET had first reported on Tuesday about the senior-level exits at the e-commerce major. Travel booking website Cleartrip’s head Ayyappan R, marketplace and categories leader Amitesh Jha, fintech and payments head Dheeraj A, and growth and retention head Bharath Ram are exiting the firm, Krishnamurthy confirmed to employees.

telecom towers along the Line of Control (LoC) in Pakistan-occupied Kashmir (PoK). These towers are believed to assist terrorists and their associates in infiltration activities, as reported by news agency PTI. Use of Encrypted YSMS Services by Terrorists

Arunachal Pradesh keep prospering for years to come," he said. Arunachal Pradesh attained full statehood on February 20, 1987, with the Fifty-Third Amendment of the Indian Constitution, 1986, becoming the 25th state of the Indian Union. Since then, February 20 has been celebrated as Statehood Day of the Himalayan state.

₹1,059.40 on January 23 this year and saw mild profit booking after that. On Tuesday, February 20, the stock rose about a per cent to hit its intraday high of ₹1,052.65; at this price, the stock is down about 0.6 per cent from its 52-week high level. ICICI Bank reported a 23.5 jump in their standalone net profit for Q3FY24, which stood at ₹10,272 crore from ₹8,312 during the same quarter last year.

Tejashwi Yadav on February 20 slammed Janata Dal (United) leader and Chief Minister Nitish Kumar for his "sudden change in allegiance" that cost the JD(U) its grip on power in the state and lost Yadav his post as Deputy CM, PTI reported. Yadav was referring to Kumar's flip-flop with the Congress-led INDIA alliance ahead of the Lok Sabha Elections this year. He held the DyCM post for close to 17 months before Kumar left the INDIA Alliance and re-joined the BJP-led NDA.